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18 results with keyword: 'debt valuation effects foreign currency denominated debt'

Debt Valuation Effects when there is Foreign Currency-Denominated Debt

We find that the required fiscal adjustment to achieve fiscal sustainability after a devaluation increases with the size of the devaluation, the length of the adjustment period,

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2021
Origins of the Maturity and Currency Mismatches in the Balance Sheet of Emerging Countries: a Theoretical Approach

Foreign Lender deposits with the domestic bank Domestic bank lending to the non tradable sector firm Domestic currency denominated debt (D) Foreign currency denominated debt

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2021
Multinationals, hedging, and capital structure under exchange rate uncertainty

Or else the multinational firm has to rely on a money market hedge through issuing more foreign currency denominated debt and less domestic currency denominated debt, thereby

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2021
Commonwealth Debt Management

Treasury uses cross-currency swaps to achieve exposure to foreign currency denominated debt as part of its portfolio management approach.. 2.4 The objective of debt issuance is

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2021
Foreign Exchange exposure, corporate financial policies and the exchange rate regime: Evidence from Brazil

The results confirm that the high proportion of foreign currency denominated debt to total debt is the main source of risk for Brazilian companies, and that foreign sales and

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2021
ADDICTED TO DOLLARS. Carmen M. Reinhart University of Maryland, NBER, and CGD December 15, 2006

– bank deposits in foreign currency as a share of broad money, – total external debt as a share of GNP, and.. – Domestic government debt denominated in (or linked to) a

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2021
Net foreign assets and real exchange rates revisited

These valuation effects (VE) mean that countries whose foreign currency exposure (FXE) is positive (i.e. whose assets denominated in foreign currencies exceed their

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2021
CiteSeerX — Net foreign assets and real exchange rates revisited

These valuation effects (VEs) mean that countries whose foreign currency exposure (FXE) is positive (i.e., whose assets denominated in foreign currencies exceed their

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2022
Shadows of Childhood: The Emergence of the Child in the Visual and Literary Culture of the French Long-Nineteenth Century

HANDLER, SOPHIE,RACHEL (2017) Shadows of Childhood: The Emergence of the Child in the Visual and Literary Culture of the French Long-Nineteenth Century , Durham theses,

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2021
Fiscal (and external) sustainability

When a substantial portion of debt is denominated in foreign currency, we must take into account the debt composition and exchange rate movements.. Let’s return to equation (4), we

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2020
Financial Dollarization, (De)Dollarization and The Turkish Experience

The volatility of exchange rates may increase domestic currency value of foreign exchange denominated/ linked debt, may spur currency and asset substitution and may harm

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2021
“Getting Over” National External Indebtedness – Or Is Baron Munchausen’s Story Not a Mere Fairy Tale After All?

As a result of these changes, a significant reduction was seen in the government debt denominated in foreign currency (to 24 per cent by 2015), and the ratio of government debt

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2021
Capped Leveraged Index Return Notes Linked to the S&P 500 Index

Unless otherwise specified in the applicable prospectus supplement, a holder of a debt security denominated in a foreign currency may elect to receive payment in the specified

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2021
Local currency systemic risk

Borri and Verdelhan ( 2011 ) consider the market for government debt issued by emerging countries and denominated in foreign currency, traditionally held mostly by foreign

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2021
FOREIGN CURRENCY DENOMINATED DEBT: AN EMPIRICAL EXAMINATION i. Forthcoming in The Journal of Business.

Using the fraction of foreign subsidiaries, and tests exploiting the disaggregated nature of our data, we find strong evidence that firms issue foreign currency debt to hedge their

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2021
Deciding to Peg the Exchange Rate in Developing Countries:The Role of Private-Sector Debt

It is quite plausible that private foreign borrowing is affected by the exchange rate regime: if external debt is denominated in a foreign currency, the anticipation of a

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2021
Design of Encrypted Packets for Identification of Missing objects using RF Tags and 32  Bit Microcontroller

Retrieved information is encrypted for secured transmission and secured data packets are designed for the system which will send encrypted information in the form of

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2020
The long or short of it: Determinants of foreign currency exposure in external balance sheets

share of foreign debt liabilities and the domestic-currency share of non-reserve foreign assets,. while an exchange rate peg raises the domestic-currency share in foreign

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2020

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